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the economy according to ben bernanke - what the fed chair has to say about the state of the country's finances. and, how automakers are setting a new pace for competition. plus, traders who are sweet and sour on apple. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. i'm angela miles. it's tuesday, january 15th. in today's first look: as facebook makes its big reveal on its new product today, shares briefly climbed above $32 yesterday. bloomberg news reports dell is in talks to end its trading days and go private. federal regulators order jp morgan chase to improve its risk management after losing billions in trading last year. and american airlines bond holders meet today to weigh in on whether the airline should merge with u.s. airways. ira epstein of the linn group joins us now. always a pleasure to have you on the show. what is going on with the market? it is so resilient. where is all this money coming from ira? > > think about it: 2012, the end of the year, we didn't know where we were in taxes, peop
the economy according to ben bernanke - what the fed chair has to say about the state of the country's finances. and, how automakers are setting a new pace for competition. plus, traders who are sweet and sour on apple. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. i'm angela miles. it's tuesday, january 15th. in today's first look: as facebook makes its big reveal on its new product today, shares briefly climbed...
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an economy not so far away that actually the global economy is on the verge of a currency war allow me to paint a quick picture for you in japan where the newly elected prime minister has been pushing for a more aggressive central bank policy has been dropping the yen went down by eleven percent since december meanwhile in europe the euro is rising and that's right despite the debt and eurozone crisis austerity measures and so on the euro grew by seven percent in the last six months and experts say europe has fired the first shell e.u. financial of foodies warn the rise of the euro is threatening the economy so it is possible it will be deliberately dropped meanwhile across the atlantic the united states has been printing blocks for the last five years to support markets but that also makes the dollar cheaper in washington has been looking over the shoulder at china which was the majority of u.s. foreign debt and beijing is also accused of holding back the u. one the reason why they do that is the one currency is dropped the export becomes cheaper making the country more competitive ob
an economy not so far away that actually the global economy is on the verge of a currency war allow me to paint a quick picture for you in japan where the newly elected prime minister has been pushing for a more aggressive central bank policy has been dropping the yen went down by eleven percent since december meanwhile in europe the euro is rising and that's right despite the debt and eurozone crisis austerity measures and so on the euro grew by seven percent in the last six months and experts...
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Jan 16, 2013
01/13
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on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, january 15. have a great evening, everyone. see you tomorrow, tom. hae a great evenin everye. and you, too, tom. >> tom:ood night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, january 15. have a great evening, everyone. see you tomorrow, tom. hae a great evenin everye. and you, too, tom. >> tom:ood night, susie. we'll see you online...
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Jan 16, 2013
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on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, jnuary 15. have a great evening, everyone. see you tomorrow, tom. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, jnuary 15. have a great evening, everyone. see you tomorrow, tom. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you...
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Jan 16, 2013
01/13
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on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, january 15. have a great evening, everyone. see you tomorrow, tom. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >>> tonight on "spark" -- we meet artists who fuse genres, cultures and modes of expression in ways that are surprising and provocative. in our first story, we'll check out the growing phenomenon of muslim hip-hop. >> home of the brave, land of the free, now this i still got to see. it's not what mainstream muslims really talk about. >> they're realizing that their kids are being influenced by rap music more than anything else, including them. >>> then -- we'll visit the west marin studio o
on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, january 15. have a great evening, everyone. see you tomorrow, tom. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you...
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Jan 17, 2013
01/13
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it has to be into the economy. we not only have to inducer and sent people to step on the accelerator to create more jobs. that's a matter of having to rip us from our vacations, tax incentives and so on, that has to be transmitted to the banking system. these banks are in such deep trouble in control so much of the assets have been focused on other things. they are interfering the effectiveness for accommodative monetary policy. if you get people to understand this is hurting job creation in the district come he might more political support. i believe this support is gaining ground. it's not just a question of fairness. it's a question of efficacy. and i believe it is beginning to gain ground. [inaudible] >> that's up to people on the hill and the people that want to support this effort. it takes to fix greater to that. that may mean it's not doable. i don't think so. >> thank you for being with us this evening. i'm at catcher catcher and the university of virginia and i really would like to give you the opportuni
it has to be into the economy. we not only have to inducer and sent people to step on the accelerator to create more jobs. that's a matter of having to rip us from our vacations, tax incentives and so on, that has to be transmitted to the banking system. these banks are in such deep trouble in control so much of the assets have been focused on other things. they are interfering the effectiveness for accommodative monetary policy. if you get people to understand this is hurting job creation in...
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Jan 14, 2013
01/13
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clearly they do that, but these are the things you want to built towards the 21st century economy. to say it's pork, to say it's just relief is foolish when we're really talking about how we get to a 21st century economy. >> now, a lot of us were shocked to see what happened in lower manhattan with the subways, and, you know, we know the affect of salt water on the subways, but the fact that the subway says could be flooded as they were, that's just one example, but elsewhere we see hong kong, the netherlands, singapore now making efforts. what do we need to learn about our electrical systems, about our transportation systems, and about what to do especially as climate change is going to affect places that are as vulnerable as lower manhattan? >> well, the subway system actually lifted some of the engines because we had 24 hours or 48 hours to actually prepare for the onslaught of this storm, but away we're seeing around the world and what we're seeing and recommending here is a series of things that would have inflatable tubes in the tunnels, would have automatic vent closures tha
clearly they do that, but these are the things you want to built towards the 21st century economy. to say it's pork, to say it's just relief is foolish when we're really talking about how we get to a 21st century economy. >> now, a lot of us were shocked to see what happened in lower manhattan with the subways, and, you know, we know the affect of salt water on the subways, but the fact that the subway says could be flooded as they were, that's just one example, but elsewhere we see hong...
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Jan 15, 2013
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but the american economy suffers from that kind of situation. so those are some of the handicaps and some of the things that contribute to the culture that, i think, is not receptive right now to innovation and those sorts of things, and i'm sure i'll get to talk about that later and turn it on over to you. >> okay. bobby, you have developed shopping mauls across the country including the city creek center in salt lake city. what has been your experience with government? >> complicated. phil talks about the culture of government really is, i mean, if it's not broken, it's certainly misguided. you know, for a company to be successful, you absolutely have to have a strong culture. and i think we've sort of argued at times what the purpose of government is. and it's really trying to sort of understand what that purpose is that the constituents are always pulling themselves apart at. because the agenda moves so much as you talk through a process. i mean, you mentioned dodd-frank. you mentioned sarbanes-oxley. or sarbanes-oxley which is, you know, do
but the american economy suffers from that kind of situation. so those are some of the handicaps and some of the things that contribute to the culture that, i think, is not receptive right now to innovation and those sorts of things, and i'm sure i'll get to talk about that later and turn it on over to you. >> okay. bobby, you have developed shopping mauls across the country including the city creek center in salt lake city. what has been your experience with government? >>...
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Jan 16, 2013
01/13
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. >> but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> and that's yesterday's last press conference of the first presidential term. this morning, newt gingrich of all people reacted by saying the president was bullying republicans. that's a long way from saying he is weak. now he is a bully. let's watch. >> i don't think we should pick fights where we're in a position that we can't, in fact, in the end enforce our will, because we have no evidence that barack obama is going to compromise. i think this president is deliberately seeking confrontation. i think he is going out of his way to bully the house republicans. >> okay, okay. we'll see. sometimes winston churchill once said when people like newt just hung around in politics after they were defeated, he said we need fewer peerages and fewer disappearages. anyway, newt gingrich says the president is a bully. i would have a fin
. >> but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> and that's yesterday's last press conference of the first presidential term. this morning, newt gingrich of all people reacted by saying the president was bullying republicans. that's a long way from saying he is weak. now he is a...
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Jan 16, 2013
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the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on future generations, because if we don't , our names will not be called blessed by future jean rations. den jations. we will be cursed. it is my prayer that we get to be responsible in the coming months and the only way we can get there is if people are honest about our history. and with that, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the chair will remind members to refrain from engaging in personalities towards the president for what purpose does the gentleman from texas
the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on...
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Jan 15, 2013
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and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is an opportunity -- mrs. lowey: i'm pleased to yield another minute. mr. moran: another minute. thank you, thank you, madam chair. the fact is that this is an opportunity to show what we're all about. do unto others as we would have them do unto us. let's make this money available. let the northeast repair itself, heal itself, get that economy back on its feet, start returning revenue to the federal government. the fact is that these northeast states contribute more to the federal treasury than they get out of the federal treasury. so let's get this done. and we want to rec
and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is...
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Jan 15, 2013
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this is an $16 trillion is greater than our nation's economy exceeding our g.d.p. and we have on the floor floor toda legislation that calls upon our children and grandchildren even greater burdens of debt. it's time to end the credit card economics. we simply cannot afford to spend money that we are borrowing from countries like china on-line items we don't need and constitution isn't authorized to spend. my amendment strips one line item out of this bill. this is really low-hanging fruit. the sandy relief effort was increased by $1 million to boost the legal services corporation, massacre aiding as disaster relief and i thought we had a ban on earmarks in this congress. why is a bailout for new york lawyers emergency hurricane relief, even if you believe this is a legitimate government program which i don't, by the way, how can you argue that spending on lawyers is a legitimate emergency spending? let me say again, for $-- we are $16 trillion in debt, we are $16 trillion in debt, america. we simply cannot afford to continue like this. we cannot keep spending on m
this is an $16 trillion is greater than our nation's economy exceeding our g.d.p. and we have on the floor floor toda legislation that calls upon our children and grandchildren even greater burdens of debt. it's time to end the credit card economics. we simply cannot afford to spend money that we are borrowing from countries like china on-line items we don't need and constitution isn't authorized to spend. my amendment strips one line item out of this bill. this is really low-hanging fruit. the...
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Jan 15, 2013
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economy st. at risk. it's tuesday, january 15th, 2013 and "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. we've been watching the u.s. equity futures and at least at this point you can see they do look like they're indicated to open a little lower. right now, dow futures down by about 16 points below fair value. the s&p futures are about 2 points below fair value. we have some different nebs going on at the top of the screen than we do on that fair value board. we'll check on that, as well. >>> dell is said to be in talks with private companies in reports of a possible guyout. the journal says jpmorgan is involved in the negotiations. dell shares have been soaring near an eight-month high on first word of this news yesterday. you can see up about close to 2% to the premarket sales. 64 is the last dip. in other technology news, facebook is holing a press conference today. no word on what the big
economy st. at risk. it's tuesday, january 15th, 2013 and "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. we've been watching the u.s. equity futures and at least at this point you can see they do look like they're indicated to open a little lower. right now, dow futures down by about 16 points below fair value. the s&p futures are about 2 points below...
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i think so and the economy the trouble staking front the biggest problem facing france is jobs the lack of jobs i don't see how so they're getting involved in the invasion of mali or fighting rebels that mark is going to help the situation and i think hollande does believe that his popularity ratings show incredibly low are going to be boosted by. so i think this is a very mistaken policy by hollande he is extremely unpopular he's only been in power less than a year and he thinks that the way out of the top popularity is to sort of wrap himself over the lag and start going back we passed that he's made a huge mistake he should be tackling the economic problems and focusing purely on those i think but nevertheless there are those who saying that al qaeda is definitely trying to take over northern mali and indeed the south as well i spoke to a man of the siesta say he's saying that the french should be negotiating rather than trying to bomb but can you actually bomb away ideology in this way i don't think you can go and i think that if the french think there's a military solution to this
i think so and the economy the trouble staking front the biggest problem facing france is jobs the lack of jobs i don't see how so they're getting involved in the invasion of mali or fighting rebels that mark is going to help the situation and i think hollande does believe that his popularity ratings show incredibly low are going to be boosted by. so i think this is a very mistaken policy by hollande he is extremely unpopular he's only been in power less than a year and he thinks that the way...
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Jan 20, 2013
01/13
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CNN
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the amount of debt that -- >> that's the economy, exactly. i think what's interesting and what i'm looking to see is, what exactly does this vaunted pivot to asia mean? does that mean they're going to take their eye off other crucial areas, like what's happens in africa with the al qaeda affiliates. what about the peace situation in israel? the truth of the matter is unless israel/palestine is fixed and solved, many of these neighboring countries are going to feel the reverberations. >> should that would be a priority? >> i think so. and so do many people who cover that region. it will take political capital and political courage. without a vested u.s. presidential involvement that is really consistent and persistent, not much is going to change. and previous histories have shown when the u.s. president is really into it, things do change. but i think come back to afghanistan, the president wants to get out of that country and is, 2014 will be the out date. this is where al qaeda started. and people are concerned that the u.s. and other force
the amount of debt that -- >> that's the economy, exactly. i think what's interesting and what i'm looking to see is, what exactly does this vaunted pivot to asia mean? does that mean they're going to take their eye off other crucial areas, like what's happens in africa with the al qaeda affiliates. what about the peace situation in israel? the truth of the matter is unless israel/palestine is fixed and solved, many of these neighboring countries are going to feel the reverberations....
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Jan 13, 2013
01/13
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did the economy expanded? did did the citizens improved and the nearly use the human development index which looks of both levels of in, but also education and health and other criteria. in democratization, afghanistan did not pass the test. that is definitely a failure. it was about the metal in terms of how much of it was democratized. but in to a government effectiveness, interestingly, come to distinctive do what we hear about, it right second of the 20 countries. had the second-highest improvement. as but we had the seventh highest, but improved. per capita gdp it was the second highest. it is increased by 130% since 2001. interestingly, human development index it was the highest of all 20. it is a combination of standard of living, education, health, the criteria. i think it is so important to see why afghans ought to be more optimistic about what they should be. indeed until many cases more optimistic than americans. longevity is way up. literacy is up, but the number of afghan children stay in school f
did the economy expanded? did did the citizens improved and the nearly use the human development index which looks of both levels of in, but also education and health and other criteria. in democratization, afghanistan did not pass the test. that is definitely a failure. it was about the metal in terms of how much of it was democratized. but in to a government effectiveness, interestingly, come to distinctive do what we hear about, it right second of the 20 countries. had the second-highest...
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house at the new york times purchased in one thousand nine hundred four in west jerusalem belong to the economy family there a palestinian family that lived in jerusalem before you were expelled by israeli terrorist militias in one thousand nine hundred eighty eight so they purchased a house that's built on top of palestinian homes and they've acknowledged this is not a hidden information they've acknowledged that they purchased did they tried to it's ambiguous what their response has been they tried to say we purchased the house from whoever sold it to us but they acknowledge that it was palestinian and that the people the palestinians who owned it should have the right to determine who owns that house who built on top of the original house and is still occupying this house so this is a lot of conflict of interest of the new york times when it comes to palestine there occupying the palestinian home their former bro chief his son it was served in israeli forces while he was abroad chief and now we and now with this headline and as well if you read the new york times on a daily basis they just t
house at the new york times purchased in one thousand nine hundred four in west jerusalem belong to the economy family there a palestinian family that lived in jerusalem before you were expelled by israeli terrorist militias in one thousand nine hundred eighty eight so they purchased a house that's built on top of palestinian homes and they've acknowledged this is not a hidden information they've acknowledged that they purchased did they tried to it's ambiguous what their response has been they...
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that being the furthering of the economy and. our geopolitical stance in the mideast the similarities are. or that it's urgency with a. with indigenous people and not an army and that's causing us the problems that we're having on both sides. kind of going along with that what parallels can you draw between the enemy that the us is fighting during the vietnam war it was in this rough terrain we had enemies that were kind of hiding among the populace how would you compare the two well the comparison geographically is that one was a jungle environment the other resistance pretty much rocks desert. the similarities are that that that the people that were writing aside from whatever their political aspirations are preventable people that were were foreigners and were in their provinces but just. foreign government might have troops in say new york city new york city people were banned together and and defend their country and then with occupation. that's a situation that's similar we had that same problem in vietnam we were we were f
that being the furthering of the economy and. our geopolitical stance in the mideast the similarities are. or that it's urgency with a. with indigenous people and not an army and that's causing us the problems that we're having on both sides. kind of going along with that what parallels can you draw between the enemy that the us is fighting during the vietnam war it was in this rough terrain we had enemies that were kind of hiding among the populace how would you compare the two well the...
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Jan 15, 2013
01/13
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we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody needs to shoot straight. i do not know how i will vote on the particular bill. it has only come out in the last day or so. we have not anticipated and planned for these type of natural disasters. you would think we would have budgeted enough. either we're not done a good estimates or we are spending far more than we should. i will be evaluating that. i know there will be some amendments. there are some things that i don't think most americans would not funded. therein lies the challenge. every bill we vote on on typically has some things that are good and
we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody...
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Jan 18, 2013
01/13
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our economy, and the global economy. and i think he needed to be straight up and not say that the essentially what i'll do is look for ways around it. the republican caucus has, as i said ate the beginning, so dramatically changed from when i joined -- which has jurisdiction . the republican party has to decide how much it's willing to game, the economy of the united states. [inaudible] i'm not surprised. [inaudible] negotiations that resolved in a fairly -- [inaudible] have an effect on the regulatory regime, both in this country and europe. going in to that, what your reservation -- [inaudible] the deal that would emerge from the negotiations. what would you be most concerned about? >> i said in a meeting of the group that is looking at this, in my position, stated there was that we should undertake serious discussions between the u.s. and e.u. at the same time, i think we need to be realistic. i was -- [inaudible] what was that? over ten years ago, and i think there were unnecessarily optimistic views about how quickl
our economy, and the global economy. and i think he needed to be straight up and not say that the essentially what i'll do is look for ways around it. the republican caucus has, as i said ate the beginning, so dramatically changed from when i joined -- which has jurisdiction . the republican party has to decide how much it's willing to game, the economy of the united states. [inaudible] i'm not surprised. [inaudible] negotiations that resolved in a fairly -- [inaudible] have an effect on the...
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Jan 15, 2013
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i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being catalysts galore. bob in florida, bob >> it is fwrat to tais great to. south florida by way of teaneck, new jersey. i'm calling about krispy kreme donuts. i sold it and forgot about it and now it seems like they reinvented themselves. the stock is up 70% since mid november and still trading. even talk about take over. >> i believe there is a turn going on. it has been ages since i looked at it. the last time i looked at it i chipped my tooth. i will do more work on it and see where this one can stop. nobody does know. robert in massachusetts, robert. >> booyah jim, hail from massachusett
i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being...
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was there reason for me to be in debt good being of all the time bombs in the american economy set to explode with dire consequences this is a big one staggering debt from student loans everyone is told a college education is a way to get ahead college tuitions though keep going up so does the borrowing and we just hit an awful milestone our nation's combined student loan debt has now hit one trillion dollars that averages out to twenty four thousand per student it's now larger than credit card debt in this country and it comes just as an entire generation is just starting out. the. year ago anybody would have predicted. oh rainy day in november because you would have our our young people out of streets in new york city and she's across something history three journalists of the are here. so. we'll go over. some children ok so. hold. on a global stage with affordable education you are rich and it is a miscarriage of justice that there is in fact the whole student loan debt credit card debt when congress raises loan limits schools respond to those increased loan limits by raising tuiti
was there reason for me to be in debt good being of all the time bombs in the american economy set to explode with dire consequences this is a big one staggering debt from student loans everyone is told a college education is a way to get ahead college tuitions though keep going up so does the borrowing and we just hit an awful milestone our nation's combined student loan debt has now hit one trillion dollars that averages out to twenty four thousand per student it's now larger than credit card...
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Jan 13, 2013
01/13
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yes, it is a significant number, considering the afghan economy. or the withdrawal of each international troops from afghanistan, we can sustain 80 afghan national army soldiers on the ground, if there is a willingness to continue with this mission. as you mentioned, to come with a more reasonable definition of success in afghanistan, which has come up to now, then diminished, what it means to succeed here in afghanistan. >> the end of the first row, right there. >> i would really like to understand a little bit better about the indian part of this triangle. we care more about pakistan, what is going on in the arm. my understanding is that the indians are very active, and it is a triangular relationship between pakistan, india, and afghanistan. >> if you would like, ambassador? >> india has been an important friend of afghanistan, a historic friend and ally. they are not only involved in enhancing the reconstruction in afghanistan -- they are providing scholarships for more than 1000 afghans every year into different indian universities, which is k
yes, it is a significant number, considering the afghan economy. or the withdrawal of each international troops from afghanistan, we can sustain 80 afghan national army soldiers on the ground, if there is a willingness to continue with this mission. as you mentioned, to come with a more reasonable definition of success in afghanistan, which has come up to now, then diminished, what it means to succeed here in afghanistan. >> the end of the first row, right there. >> i would really...
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Jan 16, 2013
01/13
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and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is an opportunity -- mrs. lowey: i'm pleased to yield another minute. mr. moran: another minute. thank you, thank you, madam chair. the fact is that this is an opportunity to show what we're all about. do unto others as we would have them do unto us. let's make this money available. let the northeast repair itself, heal itself, get that economy back on its feet, start returning revenue to the federal government. the fact is that these northeast states contribute more to the federal treasury than they get out of the federal treasury. so let's get this done. and we want to rec
and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is...
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Jan 15, 2013
01/13
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economy right now would you be willing to do that? would you accept that. he said i'm not interested in that. to pick up on al's point, that sort of puts the president in a kind of precarious position because if he's not going to negotiate and he won't accept what congress can pass, then aren't we heading to a default situation? i don't think we are. i think the president is laying out some rather tough negotiating territory or maybe nonnegotiating territory right now to see where republicans in congress are willing to do, and if they will budge a little bit. right now it seems like we are both testing whether each side intends to budge. we've been through that process many times in the obama presidency. looks like another round as well. >> is the president missing something here al that he could or should do on behalf of the common good? >> it's pretty hard on this one, charlie because he's right on the debt ceiling. major history absolutely dead on. but the debt sealing is a fraud. a total fraud. shouldn't exist. people from alan greenspan to tim geithner
economy right now would you be willing to do that? would you accept that. he said i'm not interested in that. to pick up on al's point, that sort of puts the president in a kind of precarious position because if he's not going to negotiate and he won't accept what congress can pass, then aren't we heading to a default situation? i don't think we are. i think the president is laying out some rather tough negotiating territory or maybe nonnegotiating territory right now to see where republicans...
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Jan 14, 2013
01/13
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we're becoming disfigured in a sense, our economy is, because congress is so far behind in the game. >> we don't even know our colleagues in congress out of 435. so this gives us a chance. no labels gives us that venue to sit down and have meaningful conversation. >> so far, 25 members of congress have signed on to quit the finger-pointing and focus on solutions. former governor huntsman says he hopes to get at least 50 more. >>> there were protests all across the u.s. this weekend to mark the 11th anniversary of a prison. human rights groups are demanding be shut down. ktvu's christien kafton talked with those opposed to the camp at guantanamo bay, who say they are disappointed with the president. >> reporter: protesters say their aim today here in san francisco was to raise awareness about the prisoners still left at guantanamo bay detention camp. so they walked back and forth across the golden gate bridge, then read the names of the detainees, one by one. >> reporter: code pink demonstrators, some in orange jump suits and black hoods, marched from both ends of the golden gate brid
we're becoming disfigured in a sense, our economy is, because congress is so far behind in the game. >> we don't even know our colleagues in congress out of 435. so this gives us a chance. no labels gives us that venue to sit down and have meaningful conversation. >> so far, 25 members of congress have signed on to quit the finger-pointing and focus on solutions. former governor huntsman says he hopes to get at least 50 more. >>> there were protests all across the u.s. this...
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Jan 13, 2013
01/13
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immigration, gun violence, the economy. but we need some help from our republican colleagues. >> but to continue your met for. if mom and dad have wildly different views how those priorities should progress, those families are also stalled which is what the difference is philosophically in the the house between the democrats and the republicans. what's different that would make people want to work especially with you've seen the project of the majority in the next elegs? >> mom and dad should talk to the family and neighbors. because as i said before americans are way ahead of the politicians on these things. they are ready for immigration reform they are ready for the fix. they are ready for some prevention measures to stop the gun violence. they are ready for us to do the big deal on the economy. so that we don't get to see millionaires and billionaires hide behind the coattails of the middle class. >> so the difference is is the public pressure will change the dynamic here? >> i hope so because it's become very clear ove
immigration, gun violence, the economy. but we need some help from our republican colleagues. >> but to continue your met for. if mom and dad have wildly different views how those priorities should progress, those families are also stalled which is what the difference is philosophically in the the house between the democrats and the republicans. what's different that would make people want to work especially with you've seen the project of the majority in the next elegs? >> mom and...
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Jan 13, 2013
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we're going to build the new economy within renewables. that is where we need to put our investment. if you look at the withdrawal of a special provision of oil, gas, and coal, it tells a story about how we think you invest in the future. >> thank you. just a couple of thoughts. years ago i was taught what was called a harvard case study approach to solving problems. it was taught in business school and the idea was to your given this complicated situation with different things that would be a good thing to do. part of the discipline was that you should pick the number one thing, the first and essential element you have got to deal with. frequently that was the situation that would determine whether the company was going to succeed or fail. but as i take a look at the things that you are looking at dealing with within the budget, to some degree we are dealing with peripheral things and it seems that there has been pretty good emphasis, but the and velvet -- the elephant in the room is the tremendous growth of entitlements. i heard referenc
we're going to build the new economy within renewables. that is where we need to put our investment. if you look at the withdrawal of a special provision of oil, gas, and coal, it tells a story about how we think you invest in the future. >> thank you. just a couple of thoughts. years ago i was taught what was called a harvard case study approach to solving problems. it was taught in business school and the idea was to your given this complicated situation with different things that would...
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likely you radio is france's oil and many people say it's a huge part of it's a huge factor in its economy and it's something that not only mali but specifically niger and other neighboring parts where the tourist people reside. do sits on top of. how about it cooper pleasured over the program thanks for being on r.t. international and he. camera views the hostage crisis in algeria to delay is announcement on britain's future role within the e.u. according to the leader of the u.k. independence party nigel farage was picked up on it this after the pm was forced to cancel friday's speech on the issue of first caught up with the u.k. pleaded to discuss the released extracts from the would be address. due to the ongoing hostage crisis in algeria involving a number of british nationals amongst others the prime minister had to place playing that long awaited for speech on europe but nonetheless some extracts of what he was expected to say in that speech have been revealed to us more about that we're outside you are a powerhouse in london to talk to the leader of the u.k. independence party nige
likely you radio is france's oil and many people say it's a huge part of it's a huge factor in its economy and it's something that not only mali but specifically niger and other neighboring parts where the tourist people reside. do sits on top of. how about it cooper pleasured over the program thanks for being on r.t. international and he. camera views the hostage crisis in algeria to delay is announcement on britain's future role within the e.u. according to the leader of the u.k. independence...
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Jan 15, 2013
01/13
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abe is out of inflation and revitalize the economy. way is with the $150 billion package which people steam support. >> translator: i support the abe administration because tock prices and the currency exchange are doing better. >> translator: changing the government always caused the yen to weaken. it might not last so long. >> translator: our company didn't do well last year. i hope the economic climate would improve. >> people also seem happier with the way the cabinets stack up against others. voters were disappointed with the ruling party. the dpj promised change when they took power, but many felt they didn't deliver. >> now you have been covering politics for years in japan. you know better than anyone how approval ratings fall overtime. it was interesting to hear the lady saying it may not last so long. how will abe be able to support this popularity? >> he knows economic recovery is a priority and he will need to focus on this. the prime minister wants to head into this summer's upper house election in a strong position. his l
abe is out of inflation and revitalize the economy. way is with the $150 billion package which people steam support. >> translator: i support the abe administration because tock prices and the currency exchange are doing better. >> translator: changing the government always caused the yen to weaken. it might not last so long. >> translator: our company didn't do well last year. i hope the economic climate would improve. >> people also seem happier with the way the...
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Jan 20, 2013
01/13
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the state of the economy calls for action, bold and swift. we will act not only to create new jobs, but to lay a new foundation for growth. we will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. we'll restore science to its rightful place and wield technology's wonders to raise health care's quality and lower its costs. we'll harness harness the sun and the winds and the soil to fuel our cars and run our factories. and we will transform our schools and colleges and universities to meet the demands of a new age. all this we can do. all this we will do. now, there are some who question the scale of our ambitions, who suggest that our system cannot tolerate too many big plans. their memories are short. they have forgotten what this country has already done, what free men and women can achieve when imagination is joined to common purpose and necessity to courage. what the cynics that to understand is that the ground has shifted beneath them, that the stale political arguments that ha
the state of the economy calls for action, bold and swift. we will act not only to create new jobs, but to lay a new foundation for growth. we will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. we'll restore science to its rightful place and wield technology's wonders to raise health care's quality and lower its costs. we'll harness harness the sun and the winds and the soil to fuel our cars and run our factories. and we will...
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Jan 13, 2013
01/13
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we can grow the economy. the best way to do that is to put american, middle-class workers back to work. to me, every time you talk about stifling the economy through these very aggressive cuts to services and earned benefits, you are not helping the economy grow. the jobs deficit, to me, is the biggest deficit we face. but we have a lot of other challenges. social security medicare are among bashar not among the most immediate challenges. if you ash social security and medicare are not among the most immediate challenges. we have paid some $15 trillion in payroll tax to take care of social security benefits. how much have we actually used in benefits received by all americans? $14 trillion. we have a one dollar trillion -- $1 trillion in cash. all the trillions of dollars we have paid towards this have earned interest to tehe tune of about $1.5 trillion. $2.5 trillion in unused surplus. why should we cover the cost of tax cuts for the wealthy? >> those monies have been tapped for other priorities. >> that is
we can grow the economy. the best way to do that is to put american, middle-class workers back to work. to me, every time you talk about stifling the economy through these very aggressive cuts to services and earned benefits, you are not helping the economy grow. the jobs deficit, to me, is the biggest deficit we face. but we have a lot of other challenges. social security medicare are among bashar not among the most immediate challenges. if you ash social security and medicare are not among...